A California man who orchestrated a $64 million Ponzi scheme promising huge returns to investors through a bond-trading program and life insurance pool to aid local churches will spend the next 300 months in a federal prison.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.